The forecast for the number of persons working in the Real Estate and Goods Rental and Leasing sector within stock companies in Japan indicates a gradual decline from 2024 to 2028, starting at 1.2578 million and dropping to 1.2516 million. The actual figure in 2023 stood at 1.2594 million, reflecting a slight downward trend entering the forecast period. The year-on-year decline averages at around 0.13%, suggesting moderate contraction. The 5-year compound annual growth rate (CAGR) reinforces this gradual decrease, signaling a consistent but slow reduction in workforce size.
Future Trends to Watch:
- Automation and technological advancements may drive further workforce reductions or shifts in required skill sets.
- Economic factors and property market dynamics could impact employment levels in the sector.
- Businesses may focus on efficiency and productivity enhancements to counter workforce declines.
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